MAITHANALL | | | 1,062 0.50 0.05% |
Maithan Alloys financial indicator trend analysis is infinitely more than just investigating Maithan Alloys recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maithan Alloys is a good investment. Please check the relationship between Maithan Alloys Current Deferred Revenue and its Retained Earnings accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maithan Alloys Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Current Deferred Revenue vs Retained Earnings
Current Deferred Revenue vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maithan Alloys Current Deferred Revenue account and
Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Maithan Alloys' Current Deferred Revenue and Retained Earnings is 0.38. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Maithan Alloys Limited, assuming nothing else is changed. The correlation between historical values of Maithan Alloys' Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Maithan Alloys Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Maithan Alloys' Current Deferred Revenue and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Maithan Alloys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maithan Alloys current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maithan Alloys Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
As of the 23rd of November 2024,
Tax Provision is likely to grow to about 1.1
B, while
Selling General Administrative is likely to drop about 32.6
M.
Maithan Alloys fundamental ratios Correlations
Click cells to compare fundamentals
Maithan Alloys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maithan Alloys fundamental ratios Accounts
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Other Information on Investing in Maithan Stock
Balance Sheet is a snapshot of the
financial position of Maithan Alloys at a specified time, usually calculated after every quarter, six months, or one year. Maithan Alloys Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maithan Alloys and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Maithan currently owns. An asset can also be divided into two categories, current and non-current.